Shareholding19 May 2026, 01:16 pm
Pankaj Polymers: Rahul Nagar & PACs Increase Stake to 57.23%
AI Summary
Rahul Nagar and Persons Acting in Concert (PACs) have increased their shareholding in Pankaj Polymers Limited to 57.23% through a share purchase agreement dated January 14, 2026, and a letter of offer dated February 09, 2026, under SEBI regulations. The acquisition involved Rahul Nagar acquiring 4,64,310 shares, increasing his direct holding to 20.29%. The total holding of Rahul Nagar and PACs after the acquisition is 31,72,996 shares.
Key Highlights
- Rahul Nagar acquired 4,64,310 shares of Pankaj Polymers via off-market purchase.
- Post-acquisition, Rahul Nagar's direct holding in Pankaj Polymers is 20.29%.
- The combined holding of Rahul Nagar and PACs in Pankaj Polymers is now 57.23%.
- The acquisition was made through a share purchase agreement and open offer.
- Equity share capital of Pankaj Polymers remains at ₹5,54,39,000 after the acquisition.
Price Impact
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